Advantages and disadvantages of ICBC Peony dual-currency credit card:

1. Advantages: The maximum credit for a personal card can reach 5, yuan. It can be used at overseas acceptance points marked with "VISA" and "MasterCard". Settlement in RMB and a designated foreign currency has the functions of overdraft consumption, transfer settlement, cash deposit and withdrawal, and can be repaid by purchasing foreign exchange in RMB.

2. Disadvantages: China's credit card is still not very convenient to use abroad. There is no handling fee for POS or ATM to take the UnionPay channel, but it is not very popular compared with such merchants. It costs a lot to use the Express or VISA channel.

Peony International Credit Card is a credit card product with international standards launched by China Industrial and Commercial Bank. International cards are commonly used at home and abroad, and are settled in RMB and a designated foreign currency. So it is also called ICBC dual-currency credit card. Extended information

Application conditions:

1. Individuals with full capacity for civil conduct and legitimate income can apply for a personal master card from the card issuer with their valid identity documents (including ID card, military officer's card, police officer's card, pass, home visit card, passport, etc., the same below) recognized by the public security department.

2. Applicants for personal master cards can apply for no more than three supplementary cards for their spouses and immediate family members with civil capacity; All the funds used in the supplementary card are credited to the account of the main card, and the cardholder of the main card is responsible for repaying all the payables of the supplementary card.

Functions:

1. Three basic functions: credit consumption, cash advance and transfer settlement;

2. Real credit card: Pay first, then repay.

Baidu Encyclopedia-ICBC Peony Dual Currency Credit Card